$750,000
OPEN SUN 10AM - 1PM $15K PRICE DROP

109 W Simpson St Lafayette, CO 80026

Estimated payment $4,421/month

Total Views 6,639
3 Beds
2 Baths
1,872 Sq Ft
$401 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Living Room
  • Lafayette Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

Charming Lafayette Home with Strong Rental Income!Located just steps from East Simpson Coffee, Teocalli, and Ghost Box Pizza, this unique property offers flexible living options with separate spaces for rental income, multi-generational living, or your very own private guest suite. Featuring 3 bedrooms, 2 bathrooms, and 2 kitchens (with private entrances), this home features the best mixture of historic charm and modern updates.Unit A showcases beautifully maintained original hardwood floors, picture moulding trim, new stainless steel appliances, plus a brand-new back door (2025) and a transferable warranty. The original foundation has been professionally lifted & stabilized (2022) so you can rest easy as you enjoy your front yard, which turns into a stunning flower garden every spring. Unit B underwent a full renovation in June 2024, featuring new paint, lighting, renter-friendly LVP flooring, carpet, countertops, stainless steel appliances, custom shelving, and updated bathroom elements. The landscaping was also refreshed, and the entry door was painted in May 2024. The detached garage provides plentiful storage or workshop space, and the brand-new central AC ensures year-round comfort.RENTAL INCOME: Unit B boasts a steady long-term rental history of $1,400/month, but it’s also proving to be a strong Airbnb performer, with earnings of $17,800 in just seven months. Rent out both units, or house hack by living in one unit while renting out the other! Either way, this property offers an incredible income opportunity and a strong cap rate. Looking for a turnkey approach? The furniture in Unit B is also negotiable for a ready-now, fully-furnished rental. Don’t miss this unparalleled opportunity in Lafayette’s thriving market!

Listing Agent

Jessica MacMillan

West and Main Homes Inc Brokerage Email: jessica@westandmainhomes.com,720-300-1334 License #100087866

West and Main Homes Inc

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1920

Lot Details

  • 4,011 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Living Room
  • Dining Room
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Bedroom in Basement
  • 1 Bedroom in Basement

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • West Lafayette Addition Subdivision

Listing and Financial Details

  • Exclusions: Staging & sellers personal belongings
  • Assessor Parcel Number R0021369

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,901

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1008
  • Entry Location: Basement
  • Exclusions: Staging & sellers personal belongings
  • Living Area: 1872
  • SubdivisionName: West Lafayette Addition
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Attribution Contact: jessica@westandmainhomes.com,720-300-1334
  • Special Features: OpenHouse

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Full Bathrooms: 1
  • Basement: Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 864
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Angevine

Lot Info

  • Parcel Number: R0021369
  • Lot Size Acres: 0.09
  • Fencing: Partial
  • Building Area Total: 1872
  • Lot Size Sq Ft: 4011
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2901

MLS Schools

  • Elementary School: Lafayette
  • High School: Centaurus

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,852 $32,743 $12,985 $19,758
2023 $2,852 $32,743 $16,670 $19,758
2022 $2,331 $24,812 $12,670 $12,142
2021 $2,305 $25,525 $13,034 $12,491
2020 $2,239 $24,503 $12,155 $12,348
2019 $2,208 $24,503 $12,155 $12,348
2018 $1,926 $21,096 $6,120 $14,976
2017 $1,875 $23,323 $6,766 $16,557
2016 $1,780 $19,382 $5,890 $13,492
2015 $1,667 $15,156 $5,174 $9,982
2014 $1,311 $15,156 $5,174 $9,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $750,000 -2.0% $401 / Sq Ft
03/06/2025 03/06/25 For Sale $765,000 -- $409 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Warranty Deed $237,500 Guardian Title
Warranty Deed $78,000 --
Warranty Deed $87,000 --
Deed -- --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $221,000 New Conventional
Closed $237,500 Fannie Mae Freddie Mac
Previous Owner $54,400 Unknown
Source: Public Records

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Source: REcolorado®

MLS Number: 1706523

REcolorado®

APN: 1575031-14-006